If the average on the 30-year fixed mortgage moved to 6%, 5.5 million current homeowners would be able to benefit from a refinance. About 20% of borrowers have mortgages with a rate over 6%. A ...
The Federal Reserve said Wednesday that it is leaving its benchmark interest rate unchanged, marking the central bank's first pause after three consecutive rate cuts last year. The Fed maintained its ...
The Federal Reserve held its key interest steady in a range between 3.5% and 3.75% after a recent run of interest rate cuts. "Available indicators suggest that economic activity has been expanding at ...
Right before the Federal Reserve met in September 2025, mortgage interest rates plunged, largely on expectations that the central bank would cut rates that day (and it did). The same dynamic played ...
WASHINGTON—The Federal Reserve entered a new holding pattern on interest rates Wednesday and signaled little urgency to resume cuts after contentious reductions at officials’ three previous meetings.
The Federal Reserve left interest rates unchanged, despite relentless attacks from President Trump, who wants borrowing costs to be much lower. Ana Swanson Ana Swanson covers trade and economic policy ...
After weighing a slightly lower unemployment rate and a hiring slowdown with small increases in inflation in December, the Federal Reserve on Wednesday decided to leave its key overnight lending rate ...
The Federal Reserve on Wednesday announced it will leave interest rates unchanged, breaking a streak of three straight rate cuts amid uncertainty over the labor market and inflation. Fed policymakers ...
The Federal Reserve’s decision on whether to cut interest rates again depends heavily on the uncertain “neutral rate,” the level at which policy neither slows nor stimulates the economy. With rates ...
The central bank’s policy stance can influence consumer savings and borrowing, from car financing to home equity loans. Here’s how it works. By Tara Siegel Bernard The Federal Reserve is expected to ...